Constellations, Launch, New Space and more…
“Steve Jurvetson”
Why Virgin Galactic Went SPAC
Richard Branson celebrates the first Virgin Galactic trade on the New York Stock Exchange. (Credit Virgin Galactic)

by Douglas Messier
Managing Editor

During the SmallSat Symposium last week, Richard Branson was asked why Virgin Galactic had gone public using a special purpose acquisition company (SPAC).

“I’m impatient. The SPAC gets through all of the rigmarole of public companies. Yes, I thought, that’s great, let’s do it,” he replied.

Branson was half right. A SPAC makes it a lot easier for a company to go public. But, impatience was probably not the main reason Virgin Galactic went SPAC.


  • Parabolic Arc
  • February 18, 2021
Steve Jurvetson Leaves Own Venture Capital Firm Over Harassment Claims

Steve Jurvetson — a key investor in SpaceX, Tesla Motors and Planet — is leaving the venture capital firm he founded, Draper Fisher Jurvetson, over allegations of sexual harassment. Recode reports: DFJ announced the move in a letter to limited partners on Monday. The firm released a statement to Recode that read: As of today and by mutual agreement, Steve Jurvetson will be leaving DFJ. DFJ’s culture has been, and […]

  • Parabolic Arc
  • November 13, 2017
Jurvetson Investigated for Alleged Sexual Harassment

Prominent space backer Steve Jurvetson is being investigated for alleged sexual harassment, his venture capital firm admitted this week. Jurvetson’s investments have included two of Elon Musk’s companies, SpaceX and Tesla Motors. Draper Fisher Jurvetson, the VC firm he founded, said Tuesday it had launched an inquiry into Jurvetson a day after an entrepreneur alleged that “predatory behavior is rampant” at DFJ. The woman, Keri Kukral, did not name Jurvetson […]

  • Parabolic Arc
  • October 26, 2017
Video: Elon Musk Describes Vision for a Human Civilization

Video Caption: Elon Musk has never been one to keep his long-term plans to himself. Beyond the development of reusable rockets, electric cars, and revolutionizing solar power, he has also been quite vocal about establishing a colony on Mars within his lifetime. The goal here is nothing less than ensuring the survival of the human race by creating a “backup location”, and calls for some serious planning and architecture. These […]

  • Parabolic Arc
  • August 9, 2017
Jurvetson to Give Tour of Space Artifact Collection — for a Price

Please follow Parabolic Arc on Facebook and Twitter. SpaceX investor Steve Jurvetson will give one lucky person a tour of his personal collection of space artifacts — if the price is right. All you have to do is go to and making the winning bid. According to the website: “The highest bid will help fund a scholarship for a space entrepreneur to attend Draper University and support a team […]

  • Parabolic Arc
  • July 16, 2013
VC Jurvetson Likes Odds on SpaceX; Space Tourism….Not So Much….


Steve Jurvetson: Only investing in the unknown

Draper Fisher Jurvetson, has invested in both Tesla and Reva Electric (Reva makes low-cost electric city runabouts). He knew little about the auto business when he got into the field, and admits he’s been very lucky. Regarding electric cars, he says, “You couldn’t possibly have put a business plan together that foresaw what is happening today.”


  • Parabolic Arc
  • July 6, 2009